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If the state were considered separately, it would rank as the fifth largest economy in the world, behind rest of the United States, China, Japan, and Germany as of 2017. The state recently overtook the United Kingdom to take the fifth spot. The U.S. Bureau of Economic Analysis reported that California's GDP was $2.751 trillion in 3rd quarter 2017.
The BEA defined GDP by state as "the sum of value added from all industries in the state." [ 1 ] Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
Articles relating to the economy of California, the largest in the United States, boasting a $3.2 trillion gross state product (GSP) as of 2019. If California were a sovereign nation (2019), it would rank as the world's fifth largest economy , ahead of India and behind Germany .
Federal Bureau of Economic Analysis data shows how annual GDP in Fresno County has moved over four years. Skip to main content. 24/7 Help. For premium support please call: 800 ...
County GDP (billion 2017 US$) [1] County GDP per capita (2017 US$) d County population, 2020/2022 e; 1 Los Angeles: Los Angeles: California: 790.016 81,268 9,721,138 ...
California could soon become the world’s fourth largest economy. As Gov. Gavin Newsom is fond of saying, “Eat your heart out, Texas.”
Forecasts show California could soon surpass Germany in GDP, a measure that reflects the state's growth and resiliency, but also Germany's economic struggles.